Curated by Joshua Brown, The Reformed Broker
Gregory W. Harmon, CMT, CFA, and Founder and President of Dragonfly Capital Management, provides expert technical analysis of securities and markets. He has over 25 years of trading experience at BNP Paribas, State Street and JP Morgan.
Lumber Says Homebuilders Are a Buy
Posted on 12:21PM 11/28/12
Take a look at the chart for random length lumber. If this does not suggest that the recent pullback in Homebuilders is a buying opportunity then I do not know what is.
Invest in China.....Or Just Its Government
Posted on 11:58AM 11/20/12
What does 'Invest in China' really mean? Buying the FXI is not really buying the Chinese market.
Don't Like the Data -- Then Ignore It
Posted on 11:49AM 11/15/12
Could it be that Copper is ready to foretell or a reversal in both sentiment and the market soon?
The 200 Day Moving Average Says Buckle Up
Posted on 11:20AM 11/08/12
Notice that the bottoms in the market have occurred when the percentage of stocks over their 200 day SMA has shrunk to at least 45%.